Accounts in the cycle ° Notes payable Paid-in capital in excess of par Contracts payable Donated capital Mortgages payable · Retained earnings B onds payable appropriations of retained earnings · Interest expense Treasury stock · Accrued interest · Dividends declared Cash in the bank Dividends payable proprietorship capital stock--common capital account capital stock-preferred. Partnership--capital account @2000 Prentice hall.IncArens, Loebbecke; Auditing, 8/E ©2000 Prentice Hall, Inc. Accounts in the Cycle • Notes payable • Contracts payable • Mortgages payable • Bonds payable • Interest expense • Accrued interest • Cash in the bank • capital stock -- common • capital stock -- preferred • Paid-in capital in excess of par • Donated capital • Retained earnings • appropriations of retained earnings • Treasury stock • Dividends declared • Dividends payable Proprietorship --capital account • Partnership -- capital account